July 8, 1991
WASHINGTON -- Saying that zoning laws and other restrictions add as much as 35 percent to the cost of an American house, a presidential commission calls unnecessary regulation one of the chief barriers to affordable housing.The commission proposes denying federal housing money to state and local governments that ignore its recommendations. Its report was to be released in a White House ceremony today, indicating that it has the support of President Bush.While the report examines a wide range of regulatory barriers, its main criticisms are focused on suburbs that use zoning and building codes to keep out the less wealthy.
February 29, 2012
If you're not spending a bundle on housing costs but still feel pinched, you probably don't live close to your job. The Chicago-based Center for Neighborhood Technology says many places that appear affordable really aren't once you factor in transportation costs . Three out of four communities in the country have typical rent and home prices that don't require more than 30 percent of a typical household's income, a common affordability measure....
March 15, 1994
Here are answers from members of the Maryland Association of Certified Public Accountants to readers' tax questions. The Sun will publish answers through April 15.Q: Is there a limitation on temporary housing costs of $1,500? If costs exceed that amount, is the excess amount allowed to be carried over into the subsequent year as a deductible item? Are temporary housing costs part of moving expenses?A: For years up to and including 1993, temporary housing costs incurred as job-related moving expenses are deductible, subject to certain limitations.
July 22, 2011
Your report using the figure of $220,000 for the "average sale price of a typical home" tells us nothing about what workers in relatively low-paying jobs can afford ("Housing costs out of reach for many Maryland workers," July 21). How about a more useful story about the difficulties ordinary people face in finding affordable housing? And stop using averages for housing costs and give us the median numbers. In the future, take the time to do a more in-depth look at your subject before publishing an alarming but not so useful article.
February 24, 2012
How many people spend more than half their income on housing costs? More than you might think. In the Baltimore area, one in five households with workers pulling down middle-income or lower-income wages fell into that pinched group in 2010, according to a new report by the Center for Housing Policy . That's nearly 85,000 households "severely burdened by their housing costs. " But it's not quite as bad as the nation overall, with nearly one in four of what the center dubs "working households" falling into that category.
January 16, 2000
The loan limit for Federal Housing Administration insured loans for single-family homes in the Baltimore metropolitan area has been raised from $171,475 to $178,600, a 4.2 percent increase. The Department of Housing and Urban Development, which administers loans insured by the FHA, said loan limits nationwide for single-family homes would range from $121,296 where community housing costs are low to $219,849 in areas with high housing costs. That's an increase from last year when single-family loan limits ranged from $115,200 to $208,800.